this post was submitted on 11 Nov 2023
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Communist Filth/Capitalist Filth (lemmy.ml)
submitted 10 months ago by Grayox@lemmy.ml to c/memes@lemmy.ml
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[–] irmoz@reddthat.com 1 points 10 months ago* (last edited 10 months ago)

That sounds like a free market to me

A free market means zero regulation, so I hope you like drinking poison because "ain't no gubmint telling me how to bottle my soda!"

When people have the power to determine their own fate, and how they engage with others for economic coordination.

This requires kicking capital out of the economy. That would be defeating capitalism.

When everyone has the ability to choose how they engage, that’s called a free market

No, it's called voluntary participation. Free markets inevitably trend toward monopolies and concentrations of power, because the supply side is not held to any standard.

The economic system based on free markets is called capitalism.

And look where it's gotten us - with a 1% bleeding the rest dry.